{"slug": "clqt", "title": "CLQT", "summary": "Researchers introduced CLQT, a closed-loop evaluation framework for LLM-based trading agents that diagnoses reasoning and strategy consistency rather than ranking by returns. The system uses a five-stage cycle, cost-aware modeling, and a five-axis capability scorecard to separate outcome from capability, validated through contamination-controlled backtests and live broker trials.", "body_md": "LLM agents are increasingly cast as autonomous portfolio managers, and benchmarks have moved from financial question-answering to sequential trading. Yet most still rank agents by returns over a fixed window -- a weak proxy, since a period's return is dominated by the market path and apparent alpha can dissolve once look-ahead leakage is controlled. Such a ranking certifies neither sound reasoning, nor a consistent strategy, nor a durable edge. We introduce CLQT, which reframes closed-loop trading evaluation as diagnosis rather than ranking: an instrument that localizes where and why an agent's process succeeds or fails. CLQT is a fully closed-loop, cost-aware, strategy-consistent, temporally-gated environment whose agents run a five-stage cycle: gather, synthesize, allocate, execute, reflect. Each round emits a complete DecisionRound sealed into a recompute-verifiable hash chain, so every metric is reconstructable from the trail. Six pillars form the substrate: a hard TimeGate, institutional transaction- and financing-cost modeling, strategy-consistency scoring, three-tier memory, a Model-Context-Protocol tool layer, and mandate-aware synthesis. The same agent runs as a constrained committee of specialized roles or a single full-autonomy orchestrator, making process scaffolding an experimental variable. From the audit trail we compute a five-axis capability scorecard (APM-CS: Coherence, Acuity, Composure, Discipline, Reliability), with Coherence judged partly by a held-out, out-of-cohort LLM to curb self-preference bias. We validate it on a contamination-controlled multi-model backtest with an ablation grid and a live broker track on unseen, post-cutoff data, against a repeated-run noise floor. CLQT separates outcome from capability, yielding not a model ranking but a durable, extensible map of agent competencies and limitations. Category: Uncategorized. Imported rows: 11. Top imported result: claude-sonnet-4.6 · auto, rank 1, 69.10.", "url": "https://wpnews.pro/news/clqt", "canonical_source": "https://benchmarklist.com/benchmarks/clqt/", "published_at": "2026-06-29 00:00:00+00:00", "updated_at": "2026-07-15 19:00:28.930484+00:00", "lang": "en", "topics": ["artificial-intelligence", "large-language-models", "ai-agents", "ai-research"], "entities": ["CLQT", "APM-CS", "claude-sonnet-4.6"], "alternates": {"html": "https://wpnews.pro/news/clqt", "markdown": "https://wpnews.pro/news/clqt.md", "text": "https://wpnews.pro/news/clqt.txt", "jsonld": "https://wpnews.pro/news/clqt.jsonld"}}